B
Seller's Agent in 2023
Beth Pheney
FINE PROPERTIES
(941) 345-5636
2 in this area
21 Total Sales
5201 Gulf of Mexico Dr Unit 104 Longboat Key, FL 34228
Longboat Key NeighborhoodEstimated Value: $1,029,721
2
Beds
2
Baths
1,184
Sq Ft
$1,067/mo
HOA Fee
Highlights
- Beach Front
- Water access To Gulf or Ocean
- Fishing
- Anna Maria Elementary School Rated A-
- Heated In Ground Pool
- Open Floorplan
About This Home
As of October 2023ARE YOU LOOKING FOR THAT SPECIAL AND UNIQUE VACATION SITE ON LONGBOAT KEY…5201 GULF OF MEXICO DRIVE 104 IS A MUST-SEE CONDO. THE VIEWS ARE SPECTACULAR, ALONG WITH BEING SO CLOSE TO THE BEACH AND THE WATER.
TOTALLY RENOVATED, NEW KITCHEN, AND BATHS Park easily on the newly pavered driveway area and walk past the pool up a slight incline to your unit 104. The condo has been totally renovated. This is a two bedroom, two bath condo on the first floor, that has lovely views out to the Gulf of Mexico from the great room area, and the master bedroom. Additional upgraded impact hurricane sliders have been added in the living room and the master bedroom and includes lovely window coverings on the sliders. The unit also has an updated kitchen with new light fixtures over the sink and offers an additional view out to the water. Walls and ceilings had new stucco added in 2013. In 2016 new flooring and trim were added throughout and removal of the popcorn ceilings along with the retexturing of the ceilings. New wood bifold doors, painted throughout, and a new guest bath toilet was added. In 2017 new ceiling LED fixtures were added in the entry
hallway, plus two new showers, shower doors, grab bars and faucets, and new shower heads were added. Both baths have been updated with new showers and cabinets and countertops. Walk-in closets in both bedrooms. And new flooring thru-out. An additional great add-on from 2019 to 2022 included re-piping two toilets, another new toilet in the master bath, New Air Handler by Elite, and New Furnace by New York and Elite. The final addition of the new door lock and handle. The interior has been mini-staged as far as the accessories (see list
attached of negotiable items) but it is being sold TURN-KEY with all of the furniture and art work. The couch and chair in the living room are new. This is also a small complex with a total of 8 condos, and easy access to everything at the north end of Longboat Key. The complex also features private beach access and enough parking for all, plus a community pool located at the front of the complex. This is such a beautiful location on the beach, and the fantastic easy access to the condo and the beach. You are also close to St Armands and downtown Sarasota for additional shopping and dining. THIS IS A MUST-SEE CONDO FOR THE WONDERFUL LOCATION AND THE VIEWS! DO NOT MISS IT ….and EASY TO SHOW!!
Last Listed By
FINE PROPERTIES Brokerage Phone: 941-360-7777 License #0563969 Listed on: 08/11/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $10,151
Year Built
- Built in 1980
Lot Details
- Beach Front
- Property fronts gulf or ocean
- West Facing Home
- Mature Landscaping
- Landscaped with Trees
HOA Fees
- $1,067 Monthly HOA Fees
Parking
- Open Parking
Property Views
- Beach
- Full Gulf or Ocean
Home Design
- Contemporary Architecture
- Elevated Home
- Slab Foundation
- Block Exterior
- Stucco
Interior Spaces
- 1,184 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Furnished
- Ceiling Fan
- Sliding Doors
- Great Room
- L-Shaped Dining Room
Kitchen
- Cooktop with Range Hood
- Microwave
- Dishwasher
- Solid Surface Countertops
- Disposal
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom on Main
- Split Bedroom Floorplan
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Laundry closet
- Dryer
- Washer
Home Security
Accessible Home Design
- Visitor Bathroom
- Accessible Bedroom
- Accessible Closets
- Accessible Washer and Dryer
- Accessible Doors
- Accessible Approach with Ramp
- Accessible Entrance
Eco-Friendly Details
- Smoke Free Home
Outdoor Features
- Heated In Ground Pool
- Water access To Gulf or Ocean
- Balcony
- Enclosed patio or porch
- Outdoor Storage
Location
- Flood Zone Lot
- Flood Insurance May Be Required
- Property is near public transit
Schools
- Anna Maria Elementary School
- Martha B. King Middle School
- Bayshore High School
Utilities
- Central Heating and Cooling System
- Underground Utilities
- Cable TV Available
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot 104
- Assessor Parcel Number 7995600256
Community Details
Overview
- Association fees include cable TV, pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, management, trash
- Karen Webb Association, Phone Number (513) 779-9055
- Gulf Front Condo
- Gulf Front Condominium Community
- Gulf Front Condo Subdivision
- On-Site Maintenance
- The community has rules related to building or community restrictions, deed restrictions
Amenities
- Community Mailbox
- Community Storage Space
Recreation
- Community Pool
- Fishing
Pet Policy
- No Pets Allowed
Security
- High Impact Windows
- Fire and Smoke Detector
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 11, 2023
Closed on
Oct 12, 2023
Sold by
Judith Fleming 2012 Gifting Trust
Bought by
Mcmellon Falin
Seller's Agent
Beth Pheney
FINE PROPERTIES
Buyer's Agent
Joey Lamielle
RE/MAX ALLIANCE GROUP
List Price
$1,200,000
Sold Price
$1,090,000
Premium/Discount to List
-$110,000
-9.17%
Total Days on Market
34
Views
63
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$60,279
Avg. Annual Appreciation
4.05%
Original Mortgage
$872,000
Outstanding Balance
$853,582
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$304,214
Purchase Details
Closed on
Dec 28, 2012
Sold by
Fleming Jaems and James Fleming 2011 Trust
Bought by
Fleming Judith and Judith Fleming 2012 Gifting Tr
Purchase Details
Closed on
Apr 17, 2012
Sold by
Fleming James M and Fleming Judith S
Bought by
Fleming James and James Fleming 2011 Trust
Purchase Details
Closed on
May 16, 2011
Sold by
Solmes Margaret Ann
Bought by
Fleming James M and Fleming Judith S
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mcmellon Falin | $1,090,000 | Stewart Title Company | |
| Fleming Judith | -- | First American Title Ins Co | |
| Fleming James | -- | Attorney | |
| Fleming James M | $513,000 | Longboat Title Services L C |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mcmellon Falin | $872,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/18/2023 10/18/23 | Sold | $1,090,000 | -9.2% | $921 / Sq Ft |
| 09/15/2023 09/15/23 | Pending | -- | -- | -- |
| 08/11/2023 08/11/23 | For Sale | $1,200,000 | -- | $1,014 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $11,103 | $722,500 | -- | $722,500 |
| 2023 | $10,916 | $722,500 | $0 | $722,500 |
| 2022 | $10,151 | $672,000 | $0 | $672,000 |
| 2021 | $8,938 | $555,000 | $0 | $555,000 |
| 2020 | $9,261 | $545,000 | $0 | $545,000 |
| 2019 | $9,009 | $535,000 | $0 | $535,000 |
| 2018 | $8,763 | $515,000 | $0 | $0 |
| 2017 | $7,602 | $463,120 | $0 | $0 |
| 2016 | $7,556 | $449,820 | $0 | $0 |
| 2015 | $6,977 | $408,920 | $0 | $0 |
| 2014 | $6,977 | $400,427 | $0 | $0 |
| 2013 | $6,682 | $400,427 | $1 | $400,426 |
Source: Public Records
Agents Affiliated with this Home
-
Beth Pheney
-
Joey Lamielle
Buyer's Agent in 2023
Joey Lamielle
RE/MAX
(941) 350-0016
1 in this area
273 Total Sales
Map
Similar Homes in Longboat Key, FL
Source: Stellar MLS
MLS Number: A4578953
APN: 79956-0025-6
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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